These patterns are kind of obnoxious at this point. They're so fake and predictable. So, whenever we see sideways trading with a dump and huge insta-rally, we know this is coming. Of course, this leads to more dumps and bear control.
We almost touched support at $3,337 which will happen possibly today or before too long. From current prices there's not much percentage pullback until we see this.
Bears are definitely shining through now. On the daily and weekly chart things are still hugely bearish. I still think we're likely going to see a break of $3,000 support.
Thanks for posting , good info
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thanks!
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More downward pressure eh well that gives us time to acquire more satoshis right? We will look back on these prices and wonder why we ate so many cheeseburgers.
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Haha Im stoked for prices to keep crashing! Greedy me
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$15 every day for 1 year and you'll have a whole bitcoin... but the price wont stay where it is for long. Do you think it's possible we could have prices under 10k for long enough to acquire more? At 10k thats $27/day for 365 days. The bigger problem is that millions of millionaires wont be able to get 1 bitcoin at the current price when they finally decide to get on board.
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we'll break more bearish
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Still curious whether the pullback of last weeks is just a bullish continuation for the impulse from December 17th. Or maybe I am biased^^
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not sure what you mean.
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Sorry, I realize my answer is a bit late now. I have been wondering how to see the patterns and been aiming for this up move for a few weeks, just bought in way too early.
Here's a screenshot
Not sure how far this is gonna go but I bet there will at least be another attempt up before we go down really hard - but what do I know?! ;)
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